Data presented by Bankr indicates the United States imports from China have grown by 126.29% to $292.64 billion between March October 2020. In March, the coronavirus was declared a pandemic.
US dependant on China's low-cost goods
As of October, the value of imports stood at $44.83 billion, the highest figure during the review period. In September, the value stood at $41.21 billion, a growth of 0.9% from Augusts' $40.82 billion.